New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:58 EDTJAH, TSN, NDAQ, R, SNDK, WWE, P, DD, CG, BX, BK, CSCO, JBLUBloomberg to hold a conference
Bloomberg CFO Conference to be held in New York on May 20.
News For BX;SNDK;JAH;CG;R;JBLU;DD;NDAQ;CSCO;P;TSN;BK;WWE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
June 21, 2015
19:55 EDTCGCarlyle Group commits up to $500M to Magna Energy
The Carlyle Group announced that it is committing an equity line up to $500M in Magna Energy, an upstream oil and gas company. Magna is targeting the building of acreage positions in the Indian subcontinent, with the objective of creating a full-cycle oil and gas company through acquisitions and local licensing rounds. Magna’s primary focus will be development and production with a secondary focus on exploration, said Carlyle.
June 19, 2015
16:59 EDTJBLUBuckeye, airlines agree to settle FERC disputes
Subscribe for More Information
13:50 EDTCGDuff & Phelps explores sale, Reuters reports
Subscribe for More Information
11:09 EDTJBLUDelta climbs following upgrade, reported fare hike
The shares of Delta Air Lines (DAL) are rising after research firm Wolfe Research upgraded the stock to Outperform from Peer Perform in a note to investors earlier today. Additionally, JPMorgan says Delta appears to have instituted a domestic fare increase yesterday. WHAT'S NEW: Delta's new deal with its pilots on profit sharing removes an unknown that had been facing the company, Wolfe wrote. Additionally, the airlines seems to be implementing additional domestic capacity cuts, the firm stated. As a result, Wolfe slightly increased its passenger revenue per available seat mile, or PRASM, estimate for the company. Furthermore, expectations for Delta's Q3 PRASM have dropped significantly, even though the airlines recently said that its PRASM should turn positive in Q4. Consensus estimates for Delta now look "reasonable" for this year and beatable in 2016, according to Wolfe, which set a $62 price target on the shares. WHAT'S NOTABLE: JPMorgan said Delta appears to have instituted an additional, $2 one-way across-the-board domestic fare increase yesterday, following last week's industry-wide increase. The firm sees "no harm" in Delta trying, but adds it would be surprised to see material support from the discounters. JPMorgan said it remains "puzzled" as to why airline industry stock sentiment is so negative since discipline among the companies is "alive and kicking." The firm has an Overweight rating on Delta. OTHERS TO WATCH: Other publicly traded airline operators include American Airlines (AAL), JetBlue (JBLU), Southwest (LUV) and United Continental (UAL). PRICE ACTIOn: In late morning trading, Delta rose 2.5% to $42.38.
08:02 EDTDDDuPont announces 'when-issued' trading of Chemours common stock
DuPont announced that, in connection with the separation of its Performance Chemicals segment through the planned spin-off of The Chemours Company on July 1, 2015, Chemours common stock will today begin "when-issued" trading on the New York Stock Exchange under the ticker symbol "CC WI". Chemours is expected to begin "regular way" trading on the New York Stock Exchange under the ticker symbol "CC" on July 1, 2015.
June 18, 2015
16:54 EDTCSCOCisco announces stock trading plans for executives
On June 12, John T. Chambers, Chairman and CEO of Cisco, adopted a pre-arranged stock trading plan to (i) exercise up to 1,775,000 Cisco stock options set to expire in September and November of 2016, and sell the acquired shares of Cisco stock, and (ii) sell up to 500,000 shares of Cisco stock from other shareholdings. The plan is scheduled to terminate in September 2016. On June 17, Charles Robbins, incoming CEO of Cisco, modified a pre-arranged stock trading plan originally entered into and disclosed in March 2015. Sales under the modified portion of the plan may begin in September 2015. Under the plan, Mr. Robbins may (i) exercise up to 42,000 Cisco stock options set to expire in September 2016, and sell the acquired shares of Cisco stock, and (ii) sell up to 90,000 shares of Cisco stock from other shareholdings. The plan is scheduled to terminate in December 2015.
11:02 EDTBXBlackstone company Onyx establishes strategic alliance with Corvias
Subscribe for More Information
11:01 EDTJBLUAvis Budget, JetBlue sign preferred partnership agreement
Avis Budget Group (CAR) announced that it has signed a multi-year preferred partnership agreement with JetBlue Airways (JBLU). The new agreement significantly expands the existing marketing affiliation between the two companies, under which Avis Budget Group has served as a partner within JetBlue's TrueBlue loyalty rewards program. Under the new agreement, Avis Budget Group will promote its Avis Car Rental, Budget Car Rental and Payless Car Rental brands, products and services as well as money-saving offers directly to JetBlue customers and TrueBlue members. TrueBlue members and those with Mosaic status will have the opportunity to earn TrueBlue points when renting from Avis, Budget and Payless. The three rental brands will also be featured on JetBlue's online booking channel located at www.jetblue.com so that travelers can conveniently make car rental reservations when purchasing airline tickets.
09:31 EDTCSCOCisco plans to make $60M investment in India, Economic Times reports
Subscribe for More Information
07:55 EDTCSCONimble Storage downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Nimble Storage (NMBL) to Hold citing the recent appreciation in shares, which the firm attributes to "heightened awareness of acquisition potential." The firm views Nimble as a "nice fit" for Cisco (CSCO), but believes some amount of a takeover premium is priced into the stock. It keeps a $33 price target for shares.
June 17, 2015
17:45 EDTDDDuPont announces effectiveness of Chemours Company's Registration Statement
DuPont announced that the SEC has declared effective the Registration Statement on Form 10 of The Chemours Company. The Registration Statement on Form 10 includes information regarding the business and spin-off of Chemours, which is expected to be completed on July 1. In addition, on June 12, the NYSE authorized Chemours for listing on the exchange, with "regular way" trading to commence on July 1. As previously announced, on July 1, DuPont common stockholders will receive one share of common stock of Chemours for every five shares of DuPont common stock they hold on the record date. On June 19, it is expected that DuPont common stock on the NYSE will also trade "ex‑distribution" under the symbol "DD WI." Prior to July 1, shares of DuPont common stock that trade under "DD" will trade with the right to receive shares of Chemours common stock on July 1. Shares of DuPont common stock that trade under "DD WI" will trade without the right to receive shares of Chemours common stock. It is anticipated that "when-issued" trading on the NYSE in Chemours common stock will begin on June 19, under the symbol "CC WI." On July 1, Chemours common stock will begin "regular way" trading on the NYSE under the symbol "CC."
17:18 EDTPSpotify hires ex-Netflix CFO Barry McCarthy as company CFO, WSJ says
Subscribe for More Information
16:12 EDTCSCOCrossroads Systems updates on patent litigation after Markman hearing
Subscribe for More Information
15:52 EDTJBLUAir Transport Assc. reevaluates carry-on changes
Subscribe for More Information
15:04 EDTBXGE Capital Real Estate closes nearly $10B in deals towards exit
Subscribe for More Information
11:25 EDTBXBlackstone and Multi acquire Palmanova Outlet Village and AVM in Italy
Subscribe for More Information
10:00 EDTWWEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AbbVie (ABBV) initiated with an Overweight at Piper Jaffray... Arista Networks (ANET) initiated with a Buy at Sterne Agee CRT... Astec (ASTE) initiated with a Buy at Maxim... Bristol-Myers (BMY) initiated with an Underweight at Piper Jaffray... Community Healthcare (CHCT) initiated with an Outperform at Oppenheimer... Eli Lilly (LLY) initiated with an Overweight at Piper Jaffray... Fitbit (FIT) initiated with a Buy ahead of IPO at Dougherty... Hortonworks (HDP) initiated with a Buy at Mizuho... II-VI (IIVI) initiated with a Buy at Benchmark Co.... J Sainsbury (JSAIY) initiated with an Underperform at Credit Suisse... McDermott (MDR) initiated with an Outperform at Cowen... Merck (MRK) initiated with a Neutral at Piper Jaffray... Molina Healthcare (MOH) initiated with a Buy at UBS... Pacific DataVision (PDVW) initiated with a Buy at Canaccord... Pfizer (PFE) initiated with an Overweight at Piper Jaffray... Quest Resource (QRHC) initiated with a Buy at Roth Capital... Regional Management (RM) initiated with a Buy at Janney Capital... Rofin-Sinar (RSTI) initiated with a Buy at Benchmark Co.... Salesforce (CRM) initiated with a Neutral at Exane BNP Paribas... Sprouts Farmers Markets (SFM) initiated with a Neutral at Cleveland Research... Tesco (TSCDY) initiated with an Underperform at Credit Suisse... WM Morrison (MRWSY) initiated with a Neutral at Credit Suisse... WWE (WWE) initiated with a Buy at BTIG... World Acceptance (WRLD) initiated with a Buy at Janney Capital... Zafgen (ZFGN) initiated with a Buy at SunTrust.
09:48 EDTCSCOCisco to invest $10B in China innovation and development
Subscribe for More Information
08:25 EDTCSCOCisco to participate in a tech talk with SunTrust
Subscribe for More Information
07:38 EDTWWEWWE initiated with a Buy at BTIG
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use